Impact of Inventory Management on Operational Performance of Ethiopian Pharmacuticals Manufacturing Companys on Case of Cadila Pharmaceuticals (Ethiopia) P.L.C
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Date
2024-06-24
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A.A.U
Abstract
This study investigates the impact of inventory management practices on operational
performance at Cadila Pharmaceuticals (Ethiopia) P.L.C. (CPEL), emphasizing their
crucial role in organizational improvement and achieving high levels of customer
satisfaction. Primary data was gathered through questionnaires and interviews,
complemented by secondary data from document evaluation. Adopting an Explanatory
research design facilitating both qualitative and quantitative data analysis, the study
distributed 56 questionnaires and employed descriptive statistics to analyze results.
Correlational analysis and regression were conducted to explore relationships between
independent variables (e.g., Material Requirement Planning [MRP], Distribution Resource
Planning [DRP], Vendor Managed Inventory [VMI], Just in Time [JIT] System) and the
dependent variable (operational performance), revealing statistically significant findings.
The research highlights that CPEL has not fully implemented inventory management systems
and recommends further investigation into factors influencing their adoption to enhance
manufacturing companies' performance in Ethiopia.